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Moneta Money Bank as (MONET.PR)

MONET.PR on Prague Stock Exchange

76.60CZK
16 Aug 2018
Change (% chg)

-0.10Kč (-0.13%)
Prev Close
76.70Kč
Open
76.70Kč
Day's High
76.70Kč
Day's Low
76.50Kč
Volume
921,279
Avg. Vol
1,114,495
52-wk High
86.25Kč
52-wk Low
73.95Kč

Latest Key Developments (Source: Significant Developments)

Moneta Money Bank improves profit outlook but sees lower dividend
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK SAYS H1 LOAN BOOK GROWTH 13.4 PERCENT Y/Y.MONETA MONEY BANK SAYS H1 NET PROFIT CZK 2.1 BILLION.MONETA MONEY BANK Q2 NET PROFIT CZK 0.948 BILLION VERSUS CZK 0.986 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK Q2 NET BANKING INCOME CZK 2.39 BILLION VERSUS CZK 2.38 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK SAYS MANAGEMENT WILL CONSIDER TO PROPOSE 2018 DIVIDEND PAYOUT OF CZK 5 GROSS PER SHARE.MONETA MONEY BANK SAYS Q2 NET INTEREST INCOME CZK 1.78 BILLION, UP Q/Q.MONETA MONEY BANK SAYS CZK 648 MILLION GAIN DELIVERED TO COST OF RISK FROM SALE OF NOMINAL VALUE OF CZK 3.6 BILLION OF NPLS.MONETA MONEY BANK SAYS EXPECTS TO APPROACH 15.5 PERCENT CAPITAL ADEQUACY RATIO BY END 2018 ACCORDING TO PLAN.MONETA MONEY BANK SAYS TARGETING TO DELIVER FY 2018 CONSOLIDATED NET PROFIT OF AT LEAST CZK 3.7 BILLION (PREVIOUS GUIDANCE CZK 3.5 BILLION).MONETA MONEY BANK SEES COST OF RISK IN 2018 AT 20-30 BPS (PREVIOUS FORECAST 35-45 BPS).  Full Article

Moneta CEO says to repeat NPL sales next year
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Moneta Money Bank As :Moneta CEO Tomas Spurny says selling CZK 4.9 billion in non-performing loans this year.Says we plan to at least repeat CZK 5 billion in sales of NPLs next year.NPL sales will have positive impact on cost of risk.Says we expect growth in NPLs due to interest rate growth ahead; but so far have cut NPLs to 4.4 percent from nearly 15 pct several years ago.Would not comment more on dividend plans until February; bank has been distributing excess capital.Says implementing IFRS 9 standards will raise cost of risk by 10-15 percent.Says delivering on our strategy to pay strong dividend while restructuring bank for growth.Says lending growth ate CZK 821 mln in capital this year.Says mortgage rates up; consumer lending rates still down, we hope this trend will stop with growing official interest rates.Says we bought about CZK 3 billion in state bonds in Q3, plan more as monetary policy changes market.Costs dropping, under control.Building digital platforms as source for growth .  Full Article

Moneta raises guidance after Q3 net profit of CZK 924 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Moneta Money Bank As :Moneta says Q3 net profit CZK 924 million versus 909 million year ago.Moneta says full-year net profit guidance CZK 3.9 billion CZK versus previous target 3.65 billion and original guidance of 3.4 bln.Moneta says plans to pay out significantly above 70 percent of net profit in dividend for 2017.Moneta says expecting full-year cost of risk 50-60 bps vs original guidance of 100-110 bps.  Full Article

Moneta Money Bank reaffirms CET1 ratio target of 15.5 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Moneta Money Bank As :reaffirms its medium CET1 ratio target of 15.5 percent.says has received SREP capital requirement from Czech National Bank.required to maintain total SREP capital requirement of 11 percent from January 1, 2018.CET1 target consists of (a) new 11 per cent SREP capital requirement, (b) 1 per cent countercyclical buffer, (c) 2.5 per cent capital conservation buffer, and (d) 1 per cent management buffer.  Full Article

GE Capital International sells 125 mln shares in Moneta
Friday, 30 Sep 2016 

Ge Capital International Holdings Ltd - : GE Capital International Holdings Limited completes accelerated bookbuild offering of Moneta Money Bank, A.S. Shares . Sold 125.0m shares in Moneta Money Bank equal to approximately 24.5 percent of the share capital of Moneta . Offer price moneta shares was czk 75 per share, with gross proceeds to ge of approximately czk 9.4 billion . Following completion of equity offering, co will have remaining ownership interest of about 18 percent in Moneta ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article